President Trump’s signature authorizes a total of nearly $700 billion in defense spending and clears the way for new investment in technology modernization across the federal government.
SOURCE: New defense budget could result in windfall for D.C.-area IT contractors
Jean Stack and John Song, two of Greater Washington’s go-to investment bankers for government contractors, are leaving McLean-based Houlihan Lokey Inc. for competitor Robert W. Baird & Co.
SOURCE: Go-to government contracting investment banking duo leaves firm
Eighty small businesses, all but 17 of them based in Greater Washington, have won spots on the $15 billion Alliant 2 Small Business contract, one of the more closely watched vehicles for IT services.
SOURCE: The results are in for the small business portion of one of GSA’s largest IT contracts
Seems like there’s a new government contracting merger by the day? No, you’re not crazy. It’s marriage mania, and here’s why.
Gov-con analysts say likely acquisition targets in 2018 include companies with revenue north of $200 million, as well as private equity-backed companies.
The first fruits of the partnership can be seen in two companies from Finland that are establishing operations here.
SOURCE: Federal contracting incubator forms international business partnership
The winners include dozens of contractors based in Greater Washington, big and small.
SOURCE: Feds reveal winners of one of its biggest IT contracts, worth up to $50B
As an industry, defense contractors spent the past two or three years cutting costs and downsizing, but that’s starting to change, one expert says.
Lockheed Martin CEO Marillyn Hewson is “pretty optimistic” a continuing budget resolution won’t extend into 2018, which would alleviate some of the financial uncertainty defense contractors are facing in the Trump administration.
It’s that time again! Time to find out who made the List of Greater Washington’s fastest-growing companies, which is still as competitive as ever.
The full details on each company, including where they all rank, will be revealed Oct. 19 at our Fastest Growing Companies awards reception. Join us at The Ritz-Carlton, Tysons Corner, for the big reveal in real time, or pick up a copy of our special publication released Oct. 20.
Source: Here are Greater D.C.’s Fastest Growing Companies of 2017 – Washington Business Journal